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Indian IT, outsourcing firms urged to ensure compliance with EU data-protection rules

( December 18, 2017, 04:42 GMT | Insight) -- Indian IT and business-process outsourcing firms are being urged to ensure compliance with the EU’s General Data Protection Regulation, which comes into force on May 25, 2018, to avoid harsh fines, the Hindu Business Line reports.Indian IT and business-process outsourcing firms are being urged to ensure compliance with the EU’s General Data Protection Regulation, which comes into force on May 25, 2018, to avoid harsh fines, the Hindu Business Line reports. Israeli cybersecurity consultancy Konfidas said the rules were a heavy compliance burden for firms dealing with the private data of individuals in the European region, either directly or as a service for another company. Failure to comply could entail fines amounting to 2 to 4 percent of annual turnover or 10 million to 22 million euros (up to $23.5 million), whichever is higher. The new regulation also gives individuals the right to check how their data is used and whether it is being used lawfully....

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